Canada’s Economy Demonstrates Growth
In the third quarter of 2024, the Canadian economic system showed growth of 1% year-on-year.
In the third quarter of 2024, the Canadian economic system showed growth of 1% year-on-year.
The Bank of Canada has accelerated the pace of the interest rates cutting.
The Bank of Canada is likely to decide on another interest rate cut at its third meeting in a row.
Bank of Canada Governor Tiff Macklem said that the draft budget of Prime Minister Justin Trudeau did not become a factor of impact that led to changes in the concept of fiscal policy that the financial regulator formed back in November last year.
As a result of March, an unexpected decrease in the number of jobs was recorded in the Canadian labor market.
The Bank of Canada has prepared a report on the specifics of using the national bank’s digital currency (CBDC).
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